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A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.

A period of time that starts with the first day of the current calendar year and ends with today.

A method of moving money obtained illicitly through the financial system so it can be used legally.

A company that pools money together from multiple investors and then invests it.

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.

Learn what a bond is

A document issued by an investment fund to help investors determine if it's the right fund for them.

Going public without the traditional IPO. Existing shares, straight onto the exchange, no new money raised.

What's the base rate?